It has still not touched 1.37. Just saying folks.

EURUSD

For fun March 2013 image January 2014 image ETA: Simply replace the 200 EMA with fib level. Support resistances are simply groups of traders who bought/sold at that level based on their interpretation of the tea leaves. It doesn't matter what ...

EURUSD

that's like time moving in two dimensions, very innovative

EURUSD

Counting on ya' pal !

EURUSD

After some thought, my sentiment remains unchanged…will short euro at 1.37 for drop on the weekly. This was the plan and the price action doesn't suggest anything else. Those going long are probably thinking of either fundamentals or the recent NFP. ...

EURUSD

I guess you are right.

EURUSD

the best part about waiting is you can just focus on the charts and not the account balance. If it breaks 1.37, I have to go long. Only time will tell.

EURUSD

Actually it may be the reverse. The market could gravitate toward the real news given some people's understanding of the situation. For example, if you knew that many people were not attending their offices because of inclement weather then if you ...

EURUSD

Waiting it for it too close below the upper BB, retest, and then short.

EURUSD

wtf???

EURUSD

1) PA for long 2) PA for short image

Old school trading journal

USDJPY was doing this last night while heading upto 105, I was too short too early. Hell of a rash trade.

EURUSD

Once again the pair had to close above 105 on the M15, with a hanging man for the pair to start dropping. Just what we saw in the AUDUSD pair few days back (second post). As in the that one I predict a down move closer to 104. image

Old school trading journal

From the USDJPY chart I am not showing the hourly or the 4 hourly charts but rest assured the conditions were ripe for a retractment and very similar for the two regions circled below image Question is why the first bounced off and the second did ...

Old school trading journal

Chicky, that was classic!

EURUSD

keep safe my friend, thats all we need to do.

EURUSD

Are you kidding me? No one has a frigging clue about where this is headed. We just want to sound smart on an anonymous message board. Especially because we can still afford to without that red flag waving by our ear. By then you realize you have ...

EURUSD

Who is going to UJ in a few candles from now?

EURUSD

Today's post is very interesting. Trading the EURUSD. Now I have been bearish this pair for a long time now. In the last few weeks it was going down and I was waiting for a nice retracement to 3700 level. Below is the post where I post my sentiment. ...

Old school trading journal

Last night I got out of euro short at the last moment before it started moving up again. Today's price action just shows what the euro does when it cannot reach a level which is a technical necessity - it cannot even go the other way. So I predict ...

EURUSD